A Person Suffering from Anxiety Predicts That He Will Make

question 832

Multiple Choice

A person suffering from anxiety predicts that he will make a fool of himself at a social gathering and, in fact, he does.A psychologist predicts that students in his morning class will outperform those in his afternoon class and, in fact, they do.What do the anxious person and the psychologist have in common? They both

• A) are engaged in the Barnum effect.
• B) produced a self-fulfilling prophecy.
• C) are engaged in the placebo effect.
• D) possess a precognition type of ESP.

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Definitions:

Output

The total amount of goods or services produced by a company or a production process.

Cost Function

A mathematical relationship that describes how the costs incurred by a firm change with various levels of output.

Profit-Maximizing

A strategy or approach taken by firms to adjust their production and pricing to achieve the highest possible profit.

Output

The amount of products or services generated by a business, sector, or nation during a specific period.